Thailand currency

Why is the dollar likely to lose its status as a global currency?

The dollar will lose its status as the world’s reserve currency, say experts from one of the largest investment banks JP Morgan Chase, and it will happen very soon. Why are the world’s major financial institutions ready to sign a verdict on the dollar? Global central banks are driving US currency out of reserves, and […]

Thailand population

Chinese population: births drop in 2021

BEIJING –The number of babies born in China continued to decline last year in a decade-long trend, official data showed on Monday, as a declining labor force increases pressure on the country’s ambitions. Communist Party in power to enhance national wealth and global influence. Some 10.6 million babies were born, down 12% from the 12 […]

Thailand currency

Thailand Tax Agency to Finalize Digital Currency Tax Guidelines in January 2022

Digital currency investors in Thailand will soon have a well-defined tax policy starting this month, the country’s tax authorities have revealed. Thailand’s tax department said it was working on clear criteria for calculating withholding tax on profits from digital currency trading, which it expects to finalize before the end of January. Thai Prime Minister Prayut […]

Thailand population

10 million people is not really a ridiculous number for S’pore: Liu Thai Ker

SINGAPORE – Former chief city planner Liu Thai Ker said on Tuesday (January 11th) that a population of 10 million is “not really a ridiculous number” for Singapore to consider adjusting. This is especially true, given the city-state’s need to accelerate its economic growth to keep pace with neighboring countries that are growing faster than […]

Thailand currency

Peso goes from best currency in emerging Asia to worst currency in a week

(Bloomberg) – The Philippine peso became the worst performing currency in Emerging Asia in December, after being the best, as the seasonal increase in remittances dried up. Strategists see the bearish momentum continuing. Bloomberg’s Most Read The currency fell around 2% last week, wiping out any gains from the first three weeks of December that […]

Thailand population

Now Find Out What You Should Do For A Rapid Population Health Management Market By 2027

An overview of market segment, size, share, industry analysis and revenue forecast along with comprehensive analysis are included in the Population Health Management Market to study. It examines market factors, industry trends, market dynamics, and the strengths and weaknesses of key competitors. It also includes details on sales channels, distributors, traders and resellers, along with […]

Thailand currency

GT exclusive: Myanmar accepts yuan as official currency of settlement for border trade with China

The port of Ruili in Yunnan province (southwest China) connects the country to Myanmar. Photo: IC Use of the yuan in Myanmar Myanmar has accepted the Chinese yuan as the official settlement currency for border trade with China, in an effort to alleviate its shortage of US dollars and other foreign currencies, while the Southeast […]

Thailand economy

Minister of Finance: Thai economy will recover in 2023

The government intends to pour 1 trillion baht into the economy which, together with positive figures from growing trade and export sectors, are expected to fuel all of the economic expansion slated for 2022. 300 billion baht have l The government’s injection will come from investments by state-owned enterprises, while another 600 billion comes from […]

Thailand economy

Thai economy expected to grow 2.8-3.7% in 2022 | World

In Phuket, Thailand (Photo: AFP) Bangkok (VNA) – Thailand’s economy is expected to recover in 2022, with growth of 2.8-3.7%, depending mainly on the severity of the Omicron variant, according to Kasikorn Research Center (K-Search). The Bangkok Post quoted Nattaporn Triratanasirikul, Deputy Managing Director of K-Research, as saying that travel restrictions and stricter hygiene measures […]

Thailand currency

US Treasury names 12 countries of interest, no currency manipulators, in report to Congress

United States Treasury named 12 countries to watch in a mostly positive report to Congress on business partners in the post-pandemic world economy. The report, to which the Office of International Affairs contributed, has seen strong global economic growth – up 5.9% in 2021 after contracting 3.1% in 2020. Economies that “have undertaken strong support […]

Thailand population

Prepare for retirement in the face of an aging population

LETTER | It can be so scary to think of what will happen to our young working children when currently RM 101 billion of Employee Provident Fund (EPF) has been paid out to over 7.4 million members to deal with the Covid-19 pandemic, leaving 73 percent or nearly three-quarters of them in serious condition with […]

Thailand economy

Thailand’s economy likely contracted in third quarter due to COVID-19 restrictions

After emerging from the worst recession since the 1998 Asian financial crisis in the second quarter, Southeast Asia’s second-largest economy shrank 0.8% in July-September from a year earlier, according to forecasts medians of 13 economists surveyed. On a quarterly basis, gross domestic product (GDP) likely contracted by 2.5% seasonally adjusted over the same period after […]

Thailand economy

Thai economy likely contracted in third quarter due to COVID-19 restrictions – Reuters poll | Invest News

BENGALURU (Reuters) – Thailand’s economy likely returned to contraction in the last quarter, delaying a nascent recovery as strict restrictions to contain the spread of COVID-19 hit consumption and an already struggling tourism sector, said Reuters poll revealed. After emerging from the worst recession since the 1998 Asian financial crisis in the second quarter, Southeast […]

Thailand economy

Thailand’s economy likely contracted in third quarter due to COVID-19 restrictions

A view of Bangkok Harbor along the Chao Phraya River is photographed at sunset in Bangkok, Thailand on June 2, 2021. REUTERS / Athit Perawongmetha / File Photo Register now for FREE and unlimited access to Reuters.com Register Thailand’s GDP contracts 0.8% yoy in Q3 vs. + 7.5% in Q2 Q3 GDP seen at -2.5% […]

Thailand currency

Krungthai – PTTEP is engaged in the first management of foreign exchange risk linked to ESG in Thailand; continue the success of the PTTEP digital link

Krungthai and PTTEP strengthen their successful collaboration in offering PTTEP digital bonds by entering into Thailand’s first ESG-linked currency swap agreement. Payong Srivanich, Chairman and CEO of Krungthai Bank, revealed that after the successful offer of PTTEP digital bonds where 6 billion baht was fully subscribed in 8 minutes and 12 seconds, Krungthai and PTT […]

Thailand population

Reconciling population and social expectations in Japan

Author: Chelsea Szendi Schieder, Aoyama Gakuin University Japan was declared the world’s first “over-aged” society and a “shrinking pioneer society,” rapidly reversing the population pyramid on which the modern state was built. Since 1989, when the low fertility rate of 1.57 became a major social concern, the numbers have continued to decline. In June 2020, […]

Thailand economy

Thailand’s economy will return to pre-pandemic levels in mid-2023, says SCB

BANGKOK, Oct. 10 (Xinhua): Siam Commercial Bank (SCB), one of Thailand’s largest commercial banks, expects the country’s economy to return to 2019 growth levels in mid-2023 in a context of improving national and international demand. The weakening of the damage caused by economic scars, including worsening business dynamics, increasingly fragile labor market conditions as well […]

Thailand economy

Thai economy rebounds after rebound in consumer confidence for the first time in 7 months

The UTCC said the consumer confidence score rose to 48.9 in September from 46.7 in August, thanks to the easing of COVID-19 restrictions in 29 dark red provinces, while the combined economic size of these provinces represent 80% of the national GDP. The relaxation of COVID-19 measures and the use of vaccination have led to […]

Thailand population

Demographic crisis in Thailand: COVID-19 worsens poverty

Thailand’s birth rate is plummeting as COVID-19 pushes couples to rethink having children. / CGTN Thailand’s birth rate is plummeting as COVID-19 pushes couples to rethink having children. / CGTN It is a pandemic that has inevitably changed life as we know it. When the COVID-19 public health crisis first set in, many playfully speculated […]

Thailand farms

The arm of the state to wean farms from payments

The arm of the state to wean farms from payments OAE is considering a plan to contribute to insurance costs Farmers try to save their rice in a flooded paddy field in the Phimai district of Nakhon Ratchasima last October. (Photo: Prasit Tangprasert) The Office of Agricultural Economics (OAE) is studying a plan to reduce […]

Thailand economy

Thailand’s economy hit hard by China-US trade war, strong baht and COVID-19

Thai exporters have been hit by the continued appreciation of the Thai baht. The currency’s strength was attributed to Thailand’s large current account surplus and foreign exchange reserves, supported by a strong economic base. BANGKOK – During a censorship debate targeting Prime Minister and Defense Minister General Prayut Chan-o-cha, Pheu Thai Party opposition MP for […]

Thailand economy

Economy of Thailand: Analysts Expect Continued Growth in Southeast Asia

Travelers around the world know that each country’s economy is unique and typically represents the quality of life present at any given time. Of course, economic growth is usually determined by the activities of a country’s population. But with international trade and tourism functioning as key elements in the world, we can see that there […]

Thailand economy

Infrastructure, tourism and consumption: the three driving themes of the Thai economy

The result of the democratic elections and the coronation ensured “business as usual” for the Thai economy. The trade war between the United States and China has had an impact, with growth expectations of 3-4% now lowered to just under 3% There are a number of fast growing structural trends in the Thai economy including […]

Thailand economy

Can Prayutnomics help the Thai economy? – The diplomat

Advertising As the controversial newly elected Thai government takes shape, one of the main areas that junta leader-turned-civilian Prime Minister Prayut Chan-o-cha will face is managing the economy, which has been of particular concern. for Southeast Asian State in recent years. These are not good times for Thailand’s economy. Lightly, a Bangkok Post An August […]

Thailand population

Thailand’s Demographic Challenges »MercatorNet

Some time ago, we discussed Thailand’s demographic challenges: it is another Asian country with a rapidly aging population and declining fertility rates. Now for an update comes an article by a young Thai writer on the demographic issues facing this country. According to Sasiwan Chingchit, program manager for The Asia Foundation (Thailand), as the country […]

Thailand economy

The Problem with Thailand’s Economy – The Diplomat

Advertising When Thai coup plotters quickly disbursed over $ 3 billion owed to farmers from the deposed government’s politically crippled rice price subsidy program, it appeared that the country’s new military rulers had the will and the means to break the bureaucratic inertia which had blocked budgetary expenditure under successive elections. administrative. A year later, […]